Ever seen a lost goat? When a goat thinks it is lost, it runs around in a panic, screaming madly for the herd. I've seen goats step around the barn, lose line of sight on the other goats, and run around like this for fifteen minutes before figuring out the herd is only a few feet away. The herd ignores the panicked goat entirely, unless the lost goat is young enough for its mama to care. As a lost goat, where better to find other goats than on the seemingly endless plain of the blogosphere?

Sunday, May 13, 2012

Via 101 Centavos, Invest it Wisely has a great simple explanation of how inflation works. I think: "I should post this on my blog in case anyone else is interested." Then I read the comments, and I am sad. I bonds do not solve the problem of inflation when the government reported rate of inflation is less than the real rate of inflation, plus you are taxed on the 'gains' from the bond. I don't know why inflation seems to be such a difficult concept for people to master.